Boston, MA 06/20/2014 (wallstreetpr) – Alcatel Lucent SA (ADR) (NYSE:ALU) on June 19, 2014 signed the commercial and technological partnership agreement with EBlink for expansion of its capabilities for 4GLTE ultra-broadband mobile access networks as well as small cells. Euro 3 million investment of Alcatel Lucent SA in EBlink is also a part of the agreement.
It is important to note that the wireless solutions of EBlink complement with the wireless LTE and small cells offerings of ALU. The agreement will allow ALU to expand its portfolio and strengthen its leadership in 5G and Cloud RAN architecture, while reducing the cost of overall deployment.
Aim of the Partnership
The partnership between the two companies is aimed at acceleration of business momentum as well as support of innovation. The partnership will allow the customers of Alcatel Lucent SA (ADR) (NYSE:ALU) to enjoy the benefit of advanced wireless solutions, which will be offered by EBlink.
The agreement signed between the two companies will enable to get new technological choices when they evolve the networks towards small cell or cloud architectures for meeting the increasing demands of wireless data.
As a part of the agreement between the two companies, ALU will be addressing the new market opportunities and will also distribute the wireless fronthaul solutions of EBlink to ALU’s mobile operator customer base across the world.
Statement from the Chief Strategy and Innovation Officer of Alcatel-Lucent
The Chief Strategy and Innovation Officer of Alcatel-Lucent, Philippe Keryer commented that Alcatel Lucent SA (ADR) (NYSE:ALU) was working together with the companies where it is sensible to strengthen the portfolio of the company. He added that EBlink will allow ALU to further extend comprehensive fortfolio of his company for meeting the demands of the customers for small cell deployments or LTE.
Statement from the Founder and CEO of EBlink
The Founder and CEO of EBlink, Alain Rolland, said that signing the partnership like this with ALU reaffirms that the technologies of the company were relevant in the present market and will contribute towards the growth of the company.
